Assignment 10 discussion questions
Question 1
Period: between the balance sheet date and the date of the audit report.
Disclosure example: after the balance sheet date but before the date of the audit report, the
auditor found that the company ended a lon

Assignment 2
Group Members: Yunqi Dai, Ao Li, Xi Nan, Jiachen Wang
Discussion questions
1.
The purpose of the discussion among the engagement team in terms of the
susceptibility of the financial statements to material misstatement during audit
planning ph

Case5 discussion questions
Question 1
When auditing effective internal control systems, EPER is likely to be 0 or 1%; for ineffective system, it
might be as high as 7 or 8%. In addition, EPER can be specified based on prior years amount. As EPER
decreases

Case 8 discussion questions
Question 1
Primary purpose of a bank confirmation: to get the reliable evidence that can reflect the true
conditions of clients account from the independent third parties. To check if the clients recorded
accounts agree with th

ASSIGNMENT THREE GROUP FIVE
Question One:
It is required by ISA 300 that the overall audit strategy should be formulated at the
start of an audit and updated or amended throughout the course of the audit.
The purpose of this audit strategy is to develop a

Discussion Questions:
Question One:
The purposes of discussion among the engagement team about the
susceptibility of the financial statements to material misstatement
are as follows:
Analyze the factors create incentives or pressures for
management and ot